Senior SIPP Administrator

Senior SIPP Administrator

Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
Nucleus Group

At a Glance

  • Tasks: Administer Self-Invested Personal Pensions and support team with quality control and training.
  • Company: Join Nucleus Financial Platforms, a leader in making retirement rewarding.
  • Benefits: Enjoy flexible working, health initiatives, and a non-contributory pension.
  • Other info: Be part of a diverse culture that values collaboration and inclusion.
  • Why this job: Make a real impact in financial services while developing your skills.
  • Qualifications: Experience in pensions administration and strong organisational skills required.

The predicted salary is between 35000 - 45000 £ per year.

As a Senior SIPP Administrator, you will play a key role in administering the full life cycle of Self-Invested Personal Pensions (SIPPs). In addition to handling complex pension administration tasks, you will support the team through quality checking, coaching, and acting as the first point of contact for queries. You will contribute to maintaining high standards of service, accuracy, and compliance, while fostering the development of your colleagues.

Responsibilities

  • Core Administration Duties
    • Setting up new SIPPs and issuing welcome documentation
    • Processing contributions, transfers in and out (cash and in-specie)
    • Administering pension payroll and draw down benefits (including PCLS and income)
    • Handling complex transactions and escalated cases
    • Preparing and issuing annual and statutory reports
    • Ensuring accurate daily reconciliations and banking processes
  • Senior Responsibilities
    • Quality Control – Checking the work of other team members to ensure accuracy, compliance, and adherence to internal procedures and regulatory requirements
    • Team Support – Acting as the first point of contact for internal queries, offering technical guidance and resolution support to colleagues
    • Training & Development – Delivering training and mentoring to team members on processes, systems, and best practice
    • Process Improvements – Contributing to the ongoing development and refinement of procedures to enhance efficiency, accuracy, and service delivery
  • Client Relationship Management
    • Building and maintaining strong relationships with our clients
    • Understanding client-specific requirements and tailoring services accordingly
    • Responding to complex client queries in a professional and timely manner
  • Compliance & Risk Management
    • Ensuring full compliance with HMRC regulations, pensions legislation, and FCA guidelines
    • Maintaining accurate and up-to-date records
    • Supporting audits, regulatory reporting, and risk management processes

About you

  • Strong organisational skills and a passion for delivering excellent service
  • Comfortable working independently as well as part of a team
  • Ability to manage competing priorities with confidence
  • Accuracy and Attention to Detail – High standards of accuracy in all aspects of administration and record-keeping
  • Collaboration and Teamwork – A proactive and supportive team player who shares knowledge and ideas
  • Communication Skills – Excellent clear and professional communication, both written and verbal
  • Organisation and Prioritisation – Strong ability to manage competing priorities and meet deadlines effectively
  • Technical Proficiency – Competent IT skills, particularly in Microsoft Office applications
  • Experience and Knowledge – Previous experience in pensions administration, ideally with SIPPs; understanding of pensions legislation and HMRC regulations (advantageous); relevant pensions qualifications, or working towards them (beneficial but not essential)

Your Commitment

  • Take responsibility in everything you do to deliver good outcomes for our customers
  • Positively demonstrate the Nucleus values and behaviours
  • Ensure compliance with the Code of Conduct at all times

A little about us

We’re the Nucleus Financial Platforms group and we help make retirement more rewarding. People come first - whether it’s our colleagues, or the advisers and customers we support, we know that working in partnership and collaboration leads to the best outcomes. Together, we’ve shaped the platform to how it is today. We work hard, and we celebrate hard too. Our ambition is to create a platform with a difference, putting the customer centre stage meant tearing up the rule book and starting from scratch. We’ve come a long way since then, but our mission remains just as focused. That’s why our culture, values, and social responsibility are things we keep at the top of our agenda – because we know they matter and have a big impact.

Our culture is one of the many things that sets us apart from the pack. We want to have an environment where our people feel that they can make a real difference, know they’ll be rewarded for their efforts and more importantly, enjoy themselves at work.

Inclusion and diversity at Nucleus

As with most things in life, who cares, wins. We really care about inclusion. For us it’s not a tick box exercise; inclusion and diversity are embedded in our culture and everything we do. It’s a commercial imperative. It isn’t about being PC. It’s about being future-relevant and durable. We owe it to ourselves and the industry to ensure we are playing our part in creating a fair, balanced and transparent financial services sector. More diversity means broader experience, a wider set of perspectives and a better collective ability to problem-solve. And it means being more representative of customer groups, which supports areas such as product development.

At Nucleus, we offer a generous blend of benefits for the things that really matter to our people, including a non-contributory pension, bonus, enhanced parental leave, paid time off for emergencies, health and wellbeing initiatives and flexible working options.

Senior SIPP Administrator employer: Nucleus Group

At Nucleus Financial Platforms, we pride ourselves on being an exceptional employer that prioritises our people and their development. Our vibrant work culture fosters collaboration and innovation, while our commitment to inclusion and diversity ensures that every voice is heard. With a generous benefits package, including a non-contributory pension and flexible working options, we create an environment where you can thrive both personally and professionally in the heart of the financial services sector.

Nucleus Group

Contact Details:

Nucleus Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior SIPP Administrator

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

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We think you need these skills to ace Senior SIPP Administrator

Pensions Administration
SIPP Knowledge
Quality Control
Client Relationship Management
Compliance with HMRC Regulations
Attention to Detail
Organisational Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nucleus Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Nucleus Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Nucleus Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nucleus Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Nucleus Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Nucleus Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.